Morocco-based residence providers market PrestaFreedom has raised $1.1 million (MDH 11,000,000) from Azur Innovation Fund.
Based in 2020 by Majid Bensilmane, PrestaFreedom provides a number of residence upkeep providers on a month-to-month and weekly subscription foundation. The startup claims to have one thousand returning clients.
“We’re happy with this chance supplied to us by our Azur Innovation Fund companions. This serves as an important step within the improvement of this startup that I launched just a few years in the past, whose aim is to fulfill a specific want available in the market and whose success in the present day exceeds the expectations,” Benslimane, founder and CEO of PrestaFreedom stated as quoted in a assertion by the startup.
With the current funding, PrestaFreedom plans to spend money on its logistics and know-how improvement with a view to gasoline the expansion of the corporate whereas accelerating geographical growth plans to various African markets beginning subsequent yr.
In addition to this spherical, PrestaFreedom stated it additionally managed to boost a number of others to speed up its go-to-market efforts.